Kava (KAVA) Price Tops $0.43 on Top Exchanges

Kava (KAVA) traded up 0.9% against the U.S. dollar during the 1-day period ending at 7:00 AM ET on March 2nd. Over the last week, Kava has traded down 3.2% against the U.S. dollar. One Kava token can now be bought for $0.43 or 0.00000496 BTC on popular cryptocurrency exchanges. Kava has a total market cap of $460.85 million and $9.92 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Hedera (HBAR) traded up 6.7% against the dollar and now trades at $0.25 or 0.00000292 BTC.
• Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $21.94 or 0.00025579 BTC.
• NEAR Protocol (NEAR) traded up 5.7% against the dollar and now trades at $3.25 or 0.00003787 BTC.
• Internet Computer (ICP) traded 3.9% higher against the dollar and now trades at $6.61 or 0.00007711 BTC.
• Algorand (ALGO) traded 2.4% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.0738 or 0.00000086 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $4.47 or 0.00005212 BTC.
• Fetch.ai (FET) traded 3% higher against the dollar and now trades at $0.65 or 0.00000756 BTC.
• Akash Network (AKT) traded 2.6% higher against the dollar and now trades at $1.62 or 0.00001877 BTC.
• Theta Fuel (TFUEL) traded 1.5% higher against the dollar and now trades at $0.0441 or 0.00000051 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,853,491 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. The official message board for Kava is medium.com/kava-labs. Kava’s official website is www.kava.io.

According to CryptoCompare, “Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called “Hard Protocol” that enables users to borrow and lend cryptocurrencies.”

Kava Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView